"The difference between bad and well-developed digital cash will determine whether we have a dictatorship or a real democracy." David Chaum 1996"Fungibility provides privacy as a side effect." Adam Back 2014

After roughly analyzing that project I came to the same conclusion. Heres the worst part: not only it was premined disguised as an instamine and "innocent error" but the emission curve was changed to enrich the earlier miners and biggest beneficiaries of said premine. DOA. Not going in the anonymity claims but as far I read its bogus.

I could rant for paragraphs about how Dash is fundamentally broken at every level, but I'll simply call it what is it:

A dishonest pyramid-scheme with broken privacy features.

Note that in this context we even distinguish between honest pyramid schemes and dishonest ones, and fast mining a Smaug hoard of your own currency firmly puts you in the dishonest range - nevermind the pyramid scheme mechanisms of the masternode system.

If you want a 10% annual return on mold, simply don't wash your dishes. But who's gonna want it once you earn it? If you truly can't see what is so fundamentally flawed with this blockchain and are letting your greed blind you, you deserve what's coming next. Consider this your canary in the coal mine.

I have noticed that this proposal gained 37 followers in only 2 days after it was proposed. However, when one looks at the list of followers, almost all of them are new users which registered just before they followed the proposal and have not contributed in any other way to the Stackexchange network.

This is a highly unusual pattern, so I believe that the moderators should investigate if these are maybe sock puppet accounts made to fake interest in this proposal.

I suspect that we see another case here of yet another cryptocurrency going through a pump-and-dump scheme where the creator pre-mines some coins, generates hype around it, sells their coins when they get value and then forgets about it.

"The difference between bad and well-developed digital cash will determine whether we have a dictatorship or a real democracy." David Chaum 1996"Fungibility provides privacy as a side effect." Adam Back 2014

Their claims of anonymity aren't "bogus", per se, its more that there is no way to validate their claims. Their 'privacy' system is basically a bolted on tumbler system that allocates part of the block reward to anyone who runs a tumbler. Unfortunately, the people tumbling your coins for you can keep logs, and there is no way of cryptographically/mathematically proving that logs were not kept. This is exacerbated by a high likelihood that an individual (or small group of individuals) collectively control a massive percentage of Dash, which, if that is the case, make the privacy benefit near nil in a large percentage of cases, should those individuals choose / be coerced into keeping logs.

Their claims of anonymity aren't "bogus", per se, its more that there is no way to validate their claims. Their 'privacy' system is basically a bolted on tumbler system that allocates part of the block reward to anyone who runs a tumbler. Unfortunately, the people tumbling your coins for you can keep logs, and there is no way of cryptographically/mathematically proving that logs were not kept. This is exacerbated by a high likelihood that an individual (or small group of individuals) collectively control a massive percentage of Dash, which, if that is the case, make the privacy benefit near nil in a large percentage of cases, should those individuals choose / be coerced into keeping logs.

"The difference between bad and well-developed digital cash will determine whether we have a dictatorship or a real democracy." David Chaum 1996"Fungibility provides privacy as a side effect." Adam Back 2014

Keep deleting my posts so that only Troll posts are in here....good one OP, clearly a targetted FUD campaign

Dash is stronger than ever.....

Lamassu ATM integration almost complete, android wallet update with instantSend support, 12.1 evolution is now in testnet and scheduled for mid-july release, Trezor Masternode hardware wallet integration almost complete, Major business integration press release imminent, d10e conference Evan will be speaking with the Dash vending machine!........thats only the tip of the iceburg as I CBF typing the rest, go find the monthly update for a good read.

Keep deleting my posts so that only Troll posts are in here....good one OP, clearly a targetted FUD campaign

Dash is stronger than ever.....

Lamassu ATM integration almost complete, android wallet update with instantSend support, 12.1 evolution is now in testnet and scheduled for mid-july release, Trezor Masternode hardware wallet integration almost complete, Major business integration press release imminent, d10e conference Evan will be speaking with the Dash vending machine!........thats only the tip of the iceburg as I CBF typing the rest, go find the monthly update for a good read.

Yeah sure its dying....LOL - troll harder.....

Sorry... Can you repeat that for those that didn't catch it the first three times?

Keep deleting my posts so that only Troll posts are in here....good one OP, clearly a targetted FUD campaign

Dash is stronger than ever.....

Lamassu ATM integration almost complete, android wallet update with instantSend support, 12.1 evolution is now in testnet and scheduled for mid-july release, Trezor Masternode hardware wallet integration almost complete, Major business integration press release imminent, d10e conference Evan will be speaking with the Dash vending machine!........thats only the tip of the iceburg as I CBF typing the rest, go find the monthly update for a good read.

Yeah sure its dying....LOL - troll harder.....

Sorry... Can you repeat that for those that didn't catch it the first three times?

Such quality contributions so far. what can you say about BitcoinShitsprexx.. total fucking moron. Then there`s the resident imbecile toknormal who has such a limited understanding i have trouble believing its even a real person

You just have to feel bad for the Dash supporters bagholders. maybe one day they`ll grow up, but probably not

"The difference between bad and well-developed digital cash will determine whether we have a dictatorship or a real democracy." David Chaum 1996"Fungibility provides privacy as a side effect." Adam Back 2014